Xerox Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Xerox Holdings has a total shareholder equity of $3.0B and total debt of $3.6B, which brings its debt-to-equity ratio to 119.4%. Its total assets and total liabilities are $10.4B and $7.4B respectively. Xerox Holdings's EBIT is $407.0M making its interest coverage ratio 9.5. It has cash and short-term investments of $532.0M.
Key information
119.4%
Debt to equity ratio
US$3.61b
Debt
Interest coverage ratio | 9.5x |
Cash | US$532.00m |
Equity | US$3.02b |
Total liabilities | US$7.42b |
Total assets | US$10.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: XRX *'s short term assets ($3.4B) exceed its short term liabilities ($3.0B).
Long Term Liabilities: XRX *'s short term assets ($3.4B) do not cover its long term liabilities ($4.4B).
Debt to Equity History and Analysis
Debt Level: XRX *'s net debt to equity ratio (101.8%) is considered high.
Reducing Debt: XRX *'s debt to equity ratio has increased from 96.2% to 119.4% over the past 5 years.
Debt Coverage: XRX *'s debt is not well covered by operating cash flow (13.4%).
Interest Coverage: XRX *'s interest payments on its debt are well covered by EBIT (9.5x coverage).